Forecast Period 
Market Size (Base Year) 
Market Size (Forecast Year)
CAGRGlobal Graphene Battery Market By Technology (Lithium Ion Battery, Lithium Sulphur Battery, Supercapacitor, and Lead Acid Battery), Application (Automotive, Electronics, Aerospace & Defense, Industrial Robotics, and Healthcare) – Industry Trends and Forecast to 2029
Market Analysis and Size
Compared to a conventional battery, a graphene battery is a more eco-friendly and sustainable source. It is light weighted, durable and has high energy storage capacity. Li-ion batteries can be potentially improved by using graphene as an anode. This will result in longer battery life and faster charging.
Data Bridge Market Research analyses that the graphene battery market was valued at USD 321.56 million in 2021 and is expected to reach the value of USD 1856.17 million by 2029, at a CAGR of 24.50% during the forecast period of 2022 to 2029.
Market Definition
Graphene is an excellent material for high-capacity energy storage because it is an effective conductor that is extremely lightweight, highly flexible, and has a large surface area. Graphene is a promising material for Li-ion battery anodes due to its high electrical conductivity, large specific surface area, and mechanical robustness. Because graphene nanosheets have superior electrical conductivity, the overall conductivity of anodes can be increased. Graphene can effectively improve the electron and ion transportation of electrode materials and can significantly improve the properties of lithium ion batteries, providing better chemical stability, higher electrical conductivity, and higher capacity.
Report Scope and Market Segmentation
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Report Metric |
Details |
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Forecast Period |
2022 to 2029 |
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Base Year |
2021 |
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Historic Years |
2020 (Customizable to 2019 - 2014) |
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Quantitative Units |
Revenue in USD Million, Volumes in Units, Pricing in USD |
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Segments Covered |
Technology (Lithium Ion Battery, Lithium Sulphur Battery, Supercapacitor, and Lead Acid Battery), Application (Automotive, Electronics, Aerospace & Defense, Industrial Robotics, and Healthcare) |
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Countries Covered |
U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A. |
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Market Players Covered |
Samsung SDI Co., Ltd., (South Korea), Huawei Technologies Co., Ltd. (China), Log 9 Materials (India), Cabot Corporation (US) , Grabat Energy (Spain), Nanotech Energy (US), Nanotek Instruments, Inc. (US), XG Sciences, Inc. (US), Zentek Ltd. (Canada), Metalgrass Ltd (Malaysia), Global Graphene Group (US), Vorbeck Materials Corp. (US), Graphenea Group (Spain), Hybrid Kinetic Group Ltd. (China), Targray Group (Canada) |
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Opportunities |
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Global Graphene Battery Market Dynamics
Drivers
- Growing sales of electric vehicles and portable electronic products
The increased sales of electric vehicles, which have a longer range for long-distance travel and require less charging time, are driving the graphene battery market growth. Furthermore, the thriving portable electronics market is expected to drive market growth. Additionally, increased government R&D investments are expected to provide lucrative growth opportunities.
- Continuous R&D activities are underway to create innovative and improved products
Graphene is an excellent material for high-capacity energy storage because it is an effective conductor that is extremely lightweight, highly flexible, and has a large surface area. Continuous R&D activities are underway to create innovative and improved products such as graphene-based supercapacitors and Lithium sulphur batteries. Adoption of graphene-based batteries is expected to increase during the forecast period due to features such as quick charging capacity, increased charge cycles, high temperature effectiveness, and extended hold charge duration due to the high return on investment, the market is expected to see high financial investments.
Opportunity
On the other hand, Graphene has the potential to be widely used in physics, chemistry, information, energy, and device manufacturing. Graphene is a flexible conductor that is thin, mechanically strong, and transparent. Its conductivity can be altered over a wide range using either chemical doping or an electric field. Automotive, aerospace and defence, healthcare, energy storage, electronics, and industrial robotics are among the industries covered in this report. During the forecast period, automotive, electronics, and aerospace and defence are expected to consume the majority of the market.
Restraints
Nonetheless, lacks of understanding of graphene technology and business incompetence for the in-commercialization method of graphene battery are expected to limit the growth of the graphene battery industry.
This graphene battery market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the graphene battery market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Graphene Battery Market
The coronavirus pandemic has severely harmed the global economy. The COVID-19 pandemic has had a negative impact on demand for all types of vehicles. As a result, the demand for Graphene Battery has declined. However, demand for automobiles has gradually returned to normalcy following the lockdowns. This is expected to boost graphene battery sales during the forecast period.
Recent Development
- Log 9 Materials Scientific Private Limited (India) announced in December 2019 that they are developing a graphene-based metal-air battery. Metal serves as the anode, oxygen serves as the cathode, and water serves as the electrolyte in a metal-air battery. The cathode of the battery is a graphene rod. Because oxygen must be used as the cathode, the cathode material must be porous to allow air to pass through, a property in which graphene excels. According to Log 9 Materials, graphene used in the electrode can increase battery efficiency five times while costing one-third.
- In November 2020, Samsung SDI (South Korea), in collaboration with Samsung Advanced Institute of Technology (SAIT), developed a one-of-a-kind "graphene ball" that could extend the life of lithium-ion batteries and allow them to charge more quickly. According to the Samsung Advanced Institute of Technology (SAIT), using the new graphene ball material to make batteries will increase their capacity by 45 percent and their charging speed by five times. It was also stated that this battery would be capable of maintaining the required temperature of 60 degrees Celsius for use in electric vehicles.
Global Graphene Battery Market Scope
The graphene battery market is segmented on the basis of technology and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Technology
- Lithium Ion Battery
- Lithium Sulphur Battery
- Supercapacitor
- Lead Acid Battery
Application
- Automotive
- Electronics
- Aerospace & Defence
- Industrial Robotics
- Healthcare
Graphene Battery Market Regional Analysis/Insights
The graphene battery market is analysed and market size insights and trends are provided by country, technology and application as referenced above.
The countries covered in the Graphene Battery market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.
The Asia-Pacific (APAC) region is expected to account for the majority of the graphene battery industry, adding to the region's increased demand for graphene arrays in conjunction with electric transports used in customer electronics. Europe is thought to have the second-largest share of the global market.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Graphene Battery Market Share Analysis
The graphene battery market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to Graphene Battery market.
Some of the major players operating in the graphene battery market are:
- Samsung SDI Co., Ltd., (South Korea)
- Huawei Technologies Co., Ltd. (China)
- Log 9 Materials (India)
- Cabot Corporation (US)
- Grabat Energy (Spain)
- Nanotech Energy (US)
- Nanotek Instruments, Inc. (US)
- XG Sciences, Inc. (US)
- Zentek Ltd. (Canada)
- Metalgrass Ltd (Malaysia)
- Global Graphene Group (US)
- Vorbeck Materials Corp. (US)
- Graphenea Group (Spain)
- Hybrid Kinetic Group Ltd. (China)
- Targray Group (Canada)
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